Bachelor's degree in Finance, Business, or Math-related fields.
4-8 years of experience as a credit analyst with knowledge in fund lending, investing, or structured finance.
Strong team collaboration skills in a dynamic environment.
Effective time management and organizational skills in a growing company.
Excellent oral and written communication skills.
Proficiency in Advanced Excel and cash flow modeling is highly valued.
Knowledge of SQL and VBA for database querying is advantageous.
Progress towards CFA certification is a plus.
Familiarity with Generative AI tools such as ChatGPT for research and productivity is a plus.
Responsibilities
Assist with credit research on funds and investment vehicles.
Develop ratings and analytical tools, including cash flow models.
Prepare and present internal credit memos and publications.
Participate in diligence meetings with fund management teams.
Maintain complex spreadsheets and databases.
Collaborate with KBRA experts across different financial sectors.
Conduct research for internal and external publication efforts.
Associate Directors will independently lead credit rating processes for various debt transactions.
Benefits
Hybrid work schedule requiring in-office attendance three days a week.
Competitive benefits package including paid time off.
Paid family and disability leave.
401(k) plan with employer matching, immediately vested.
Financial assistance for educational and professional development.
Employee referral bonus program.
Full Job Description
Position Title: Funds Ratings - Associate / Associate Director (NY)
Entity: Kroll Bond Rating Agency, LLC
Employment Type: Full-time
Location: New York, NY
Summary/Overview:
Kroll Bond Rating Agency, LLC. is seeking an Associate/Associate Director to join our growing Funds Ratings team in the New York office. The Funds team assigns and monitors credit ratings on various debt instruments issued by funds, closed-end funds, and other fund vehicles. KBRA's growing ratings portfolio encompasses funds which leverage a variety of asset growth and income generation strategies including fixed income securities, private equity, private credit, real estate, and middle market lending. A strong candidate will have extensive experience and interest in fund investment and credit strategies.
About the Job:
Assist with credit research on a variety of funds, closed-end funds, and other investment vehicles.
Assist with the development of rating and analytical tools such as cash flow and asset coverage models used to evaluate fund debt structures.
Assist in the quantitative and qualitative preparation and presentation of internal credit memos and publications.
Participate in diligence meetings with fund management teams to assess their investment acumen, risk management skills, and overall ability to develop and successfully execute strategies.
Develop and maintain complex spreadsheets and databases.
Ability to leverage and seamlessly collaborate with KBRA experts in other sectors such as project finance, corporate finance, financial institutions, and structured finance.
Assist in research for internal and publication purposes.
Associate Directors will have the ability to independently lead credit ratings process and research efforts on a variety of debt transactions involving investment funds, and other related vehicles and to Lead/assist in the development of rating and analytical tools such as cash flow models used to evaluate fund debt structures.
You will be successful in this role if you have:
Bachelor's degree in Finance, Business, or Math related fields or any subject that results in strong analytical skills.
Four (4) to Eight (8) years of work experience as a credit analyst with experience in fund lending, investing, or structured finance is a significant plus.
Ability to work as an integral part of a highly collaborative team and across disciplines in a challenging and dynamic environment.
Ability to manage time and resources in a fast-growing company.
Effective oral and written communications skills.
Proficiency in Advanced Excel, ability to cash flow model is a significant plus.
Extremely high attention to detail.
Proficiency in SQL and VBA for querying databases a strong advantage.
Successful progression towards CFA a plus.
Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.
Salary Range:
The anticipated annual base salary range for this full-time position is $105,000 to $140,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.
Benefits:
A hybrid work schedule (Tuesday, Wednesday and Thursdays in the office)
Competitive benefits and paid time off
Paid family and disability leave
401(k) plan, including employer match (100% vested)
Educational and professional development financial assistance
Employee referral bonus program
About Kroll Bond Rating Agency
Kroll Bond Rating Agency (KBRA) is a credit rating agency that provides ratings for a variety of financial products, including structured finance, public finance, and corporate finance. KBRA was founded in 2010 by Jules Kroll, the founder of Kroll Inc., and is headquartered in New York City. KBRA is known for its innovative approach to credit ratings, which includes a focus on transparency and a willingness to challenge the status quo. KBRA is registered with the SEC as a Nationally Recognized Statistical Rating Organization (NRSRO).
